All Forum Posts by: Chris Carpenter

@Brian Garlington I’ve been told that once before. Sounds like that’s a great first step!

@Daniel Winsor ahh ok didn’t know that about using VA loan for a foreclosure

@Daniel Winsor you’re probably right about the interest rates and loan amount. That was just the info I’ve heard spitballed around but it’s nice to hear it from someone who has actually used the VA loan. One other question - did your agent look around for any foreclosures or preforclosures? Wondering if this is something they regularly do or maybe don’t do because of a certain reason.

@Michele B. Awesome thank you!

@Daniel Winsor thank you for taking the time to answer. Great information brother.

I have $25k to use toward my first multi family apartment building. I also have a VA loan to use that can get me $500k-700k with zero down at 2-3% interest. What are some steps that I can take early on to purchase my first building? -Should I have a real estate license? -Do I use an agent or broker to find a property? -How many doors should I start out with? -How much should I use on repairs? -What are the first couple steps in attaining a property? (What’s the first thing I should do, what’s the second thing I should do? 3rd, 4th, 5th?) -Do I use an attorney at some point in the process? -How long do I wait before buying another property? Also, if anyone knows any good mentors, I’m all ears.